If you got to my unedited post quickly, I apologise. I didn't understand that the final section of the previous post was the proposal.
I not only have a problem with the proposed ceiling, of 95%, but I agree with Gwydion's opinion on no regulation of sugar content.
Allowing 95% makes no sense, since if the absinthe were distilled to this degree, it would have no substantial character. The only way I imagine that would be possible, would be to fortify it, post distillation, with enough 95% spirit to force that level. Otherwise, you don't stand a chance of having a product with the "taste, aroma, and characteristics generally attributed to absinthe". At 30%, I'm thinking it would be almost pre-louched.
Nice to see they're considering it, but they need to be educated once again.